The ceremonial parsing of the Fed minutes is today’s main event today, but that says more about hump day malaise than what the chairwoman has to offer with regards to the next phase of tapering.

“There’s usually a bit of trepidation in the session before the FOMC minutes are released but considering the amount of flip-flopping from Janet Yellen after the meeting, anything of influence will probably be shrugged off,” said London Capital’s Jonathan Sudaria.

About Need to Know

Need to Know (NTK) guides investors to the most important, insightful items required to chart a course ahead of each trading day. Anchored by lead writer Shawn Langlois, NTK will sift through the fire hose of news, commentary and data, from traditional and non-traditional sources, and extract what’s most essential. You can start reading NTK here as it begins publishing at approximately 6:30 a.m. ET, or sign up here to get a version in your email box every morning at approximately 8:45. a.m. ET.